Read the following description of a data set.A property developer has a plan for a massive new amusement park but is unsure how many people might attend. To get a better sense of visitor numbers, she collected information from other amusement parks across the country.For each park, she noted the number of rides, x, as well as the average daily attendance, y.The least squares regression line of this data set is:y=446.926x+680.249Complete the following sentence:If an amusement park had one more ride, the least squares regression line predicts the average daily attendance would increase by ___.
Q. Read the following description of a data set.A property developer has a plan for a massive new amusement park but is unsure how many people might attend. To get a better sense of visitor numbers, she collected information from other amusement parks across the country.For each park, she noted the number of rides, x, as well as the average daily attendance, y.The least squares regression line of this data set is:y=446.926x+680.249Complete the following sentence:If an amusement park had one more ride, the least squares regression line predicts the average daily attendance would increase by ___.
Identify coefficient of x: Identify the coefficient of x in the least squares regression line equation.The coefficient of x represents the change in the dependent variable (y, which is the average daily attendance) for each unit increase in the independent variable (x, which is the number of rides).The equation given is y=446.926x+680.249, so the coefficient of x is 446.926.
Interpret coefficient of x: Interpret the coefficient of x. The coefficient of x (446.926) indicates that for each additional ride (increase in x by 1), the average daily attendance (y) is predicted to increase by 446.926 visitors.
Answer based on interpretation: Answer the question based on the interpretation of the coefficient.Since the coefficient of x is 446.926, if an amusement park had one more ride, the least squares regression line predicts the average daily attendance would increase by 446.926.